toshie's tips

Local market jumped on global relief rally on less than expected hurricane damage and no missile test by NK. Local market had already priced in part of this relief rally upside yesterday as we moved on positive US futures…so we had the catch up session today. Given the China/Russia watered...
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Local market delivered the first solid positive day in over a week on the optimism that US Hurricane damage was better than expected. Growth worries drove commodities lower over the weekend. Local market bounced on the open on the back of the banks as global investors increased exposure to cover...
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Local market jumped on the open with global bounce and then slid down to flat as overall negative sentiment took hold. Trump administration has kicked the can down the road by a short term debt ceiling deal for 3 months while the US Fed meeting in 2 weeks will be...
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Local market fell on the open with NK risk and then recovered to close flat with geopolitical uncertainty running wild. US markets will open tonight and play catch up. US administration is going to be calling global leaders tomorrow about NK and risk weighted response is for more sanctions and...
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Local market fell on the open with NK risk and then recovered part of the loses on the back of the positive commodity outlook. The data out of US remains patchy on the consumer outlook with another weaker than expected non-farm payroll while manufacturing PMI’s were solid. ECB hinted that...
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Local market bounced on positive global sentiment before running into profit taking ahead of the long weekend in the US. The global market sentiment improved with solid economic data from China, US and Canada while Japan data supports accommodative BOJ stance for the medium term. The non-farm payroll data will...
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Local market bounced back on positive US and China economic data. The local business capex outlook data was positive but the weak consumer sentiment shows that one has not translated to the other since GFC. The GDP growth rate hit 3% and maintains the recovery pace we have seen in...
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Local market flip flopped to finish flat after opening positive on US market intraday recovery. North Korea and US seem to have taken a few steps back from recent bravado talk. USD continues the slide against most currencies while the Euro leading the charge. The US Fed outlook will get...
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Local market fell on the open and then made a slight recovery as North Korean missile test launch through Japanese airspace killed off the weak overnight global market sentiment. North Korean launched another test missile through Japanese airspace according to South Korea…more ammunition for risk off trade to remain in...
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Local market fell on the open and then traded sideways with weak global sentiment. The commodities remain strong on the back of China optimism…Shanghai index delivered another new high since 2015. Iron Ore continues to baffle analyst by moving higher while the Texas natural disaster playing into Oil optimism. Jackson...
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Local market recovered from early losses to finish flat on continued commodity optimism. Shanghai index making a big move higher today….positive China sentiment. Base metals are on fire while Iron Ore and Oil continues to prove bears wrong. Copper leading the charge and we see MLX and MOD as the...
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Local market recovered from early losses to finish a slightly negative day on continued commodity optimism. Local market continues to be struck in the narrow trading range since May. The manufacturing PMI an new home sales in the US were negative while services PMI positive. US president threatened to shut...
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Local market climbed back higher gradually on the back of strong metal prices. Local market still struck in the narrow trading range since May. US market and geopolitics remain the macro overhang while reporting season is driving substantial volatility. Growth stories missing guidance or weak outlook statement are facing 15-20%...
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Local market fell on global sentiment despite bounce in Iron Ore and Oil. US market heads the negative catalyst list. US market risk remains key for local market…(1) VIX looks to break above post election high (2) Russell 2000 (i.e. US domestic facing) has pulled back below 200 day MA...
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Local market recovered to finish a better than expected negative day after substantially weak lead from US market. Global markets were rattled by the terror attacks in Spain while US market was worried that Gary Cohn may follow the CEO walkout from US president’s leadership groups. Global economies are showing...
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Local market had a slide after flip flopping early in the day. Commodities bounce helped the miners after US Fed, ECB and BOE moved dovish. UK recovery in wages growth and historically low unemployment helps support the economy despite the high inflation and low currency.
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Local market made a steady recovery after flip flopping for the first few hours. US retail data was string overnight while US markets were undecided. Chinese regulatory moves are beginning to bite while the pullback is aimed to get back to pre 2016 levels. The corporate outlook for US is...
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Local market followed the global markets higher as US/NK fake war worries subsided. US seems to have moved on…now trying to start a fake trade war with China and threatening to move against Venezuela. North Korea on the other hand has decided to postpone the test missile launch. Locally the...
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Local market had a relief rally as the “War of Tweets” between US and North Korea started to settle down. The weaker than expected US inflation outlook pushed down USD and pushed up AUDUSD. China data showed that we may be closer to the top in the recent commodity run...
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Local market was smacked down from the open on geopolitical risk…even the slight recovery after the morning fall withered away in the afternoon. DOW down over 200 and NASDAQ was snapped 2%. Safe haven investing was in play as bonds and gold bounced while equities were on the chopping block....
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